MONEY AND BANKING VOCABULARY 1

level: Low-intermediate (A2/B1)

Being able to talk about money and banking in English is a practical necessity — whether you're managing a bank account, applying for a loan, or just having a conversation about finances. This exercise covers the most important everyday financial vocabulary.

Did you know?The word salary comes from the Latin salarium — Roman soldiers were partly paid in salt (sal), one of the most valuable commodities of the ancient world (hence the phrase "worth your salt"). The word bank itself comes from the Italian banco, meaning "bench" — medieval money changers conducted business at benches in public marketplaces. If a money changer went bankrupt, his bench was literally broken — giving us the word bankrupt, from the Italian banco rotto.

READY TO PRACTICE? LET’S GO!

Complete each sentence using one of the following words: deposit, withdraw, balance, interest, loan, budget, savings, debt, transfer, account.

1. I need to some cash from the ATM before we go.✓

2. She made a of $500 into her account this morning.✓

3. Can you check the on my account? I think I'm running low.✓

4. The bank charges 6% on all personal loans.✓

5. He took out a to buy a new car.✓

6. She set a strict monthly to stop overspending.✓

7. I've been putting money into my account every month since I started working.✓

8. He was drowning in and couldn't keep up with the repayments.✓

9. Can you do a bank to pay the invoice? We don't accept cash.✓

10. I'd like to open a new checking , please.✓

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MORE PRACTICAL AND BUSINESS VOCABULARY:
Money and banking vocabulary 1 (A2/B1)
Money and banking vocabulary 2 (B2/C1)
At the bank (A2/B1)
General business terms 1 (B1/B2)
Sales and marketing terms (B1/B2)

Browse all vocabulary exercises →